DrSwing_Forex

EURAUD Swing(1h Chart)

Long
OANDA:EURAUD   Euro / Australian Dollar
Entry Reasons
Touch of trendline and support level on the daily timeframe
Fakout and retest trendline setup
Breakout and re-test setup on the 1h timeframe
Bullish Railway track candlestick entry confirmation (entry on 15Min timeframe)

Trade Details
Entry: 1.56884
Stop loss: 1.56669(20pips)

Targets
TP1:1.57358 TP2:1.58918 TP3:1.60243 TP4:1.61228
Note: trade entry is hit but you can still enter using the bullish engulfing pattern on the 1h timeframe, stop loss is based on your personal risk appetite!!!
Fundamentals
Always check your fundamentals to avoid being caught by surprise!!!

Disclaimer

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